Bond Agence Centrale Organisation Sécurité Sociale 0% ( XS2708799775 ) in USD

Issuer Agence Centrale Organisation Sécurité Sociale
Market price 100 %  ⇌ 
Country  France
ISIN code  XS2708799775 ( in USD )
Interest rate 0%
Maturity 23/01/2024 - Bond has expired



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Detailed description The Agence Centrale des Organismes de Sécurité Sociale (ACOSS) is the central agency responsible for coordinating and managing France's social security system.

This financial article details the recent maturity and full redemption of a specific debt instrument issued by the Agence Centrale des Organismes de Sécurité Sociale (ACOSS), a pivotal French public institution. Identified by ISIN XS2708799775, this bond, denominated in US Dollars (USD) and characterized as a zero-coupon obligation due to its 0% interest rate, reached its maturity date on January 23, 2024. As the Central Agency for Social Security Organizations, ACOSS plays an integral role in France's public finance architecture, serving as the central body responsible for collecting social security contributions and managing the treasury of the general social security scheme. Upon its maturity, the bond was repaid at 100% of its nominal value, confirming a successful and timely redemption process for this security. While the stated payment frequency was '1', typical of an annual schedule, for a zero-coupon bond, this indicates the singular principal repayment disbursed directly upon the bond's maturity date.